Government approves Rs 130.5 mn for NMC's e-bus plan
ECONOMY & POLICY

Government approves Rs 130.5 mn for NMC's e-bus plan

The approval of Rs 130.5 milllion by the Centre for the Nashik Municipal Corporation (NMC) to establish infrastructure for the city's e-bus project has been confirmed. It was mentioned that Rs 600 million has been allocated for the construction of an e-bus depot, while Rs 700.5 million has been earmarked for power supply and a power sub-station for the depot. This allocation of funds took place in March, prior to the enforcement of the model code of conduct.

A senior official from the NMC stated that the Centre has sanctioned 50 e-buses for the NMC as part of the "PM e-bus Seva" scheme. Additionally, Rs 130.5 million has been approved by the Centre for infrastructure development related to the e-bus project. These approvals were granted by the Centre before the enforcement of the code of conduct for the Lok Sabha polls.

The government has informed the NMC officials to expedite the completion of the electric bus depot along with the power supply. It is anticipated that the NMC will receive the 50 e-buses from the Centre by April 2025. Under the PM e-bus Seva scheme, the procurement of buses will be facilitated through private companies, which will also be responsible for their operation, maintenance, and management for a duration of 12 years. Payment to these agencies will be based on a per km basis.

For a period of 12 years, the Centre will offer a grant of Rs 24 per km to the civic body, with the remaining amount to be covered by the local civic body. NMC officials informed that a firm from Haryana has been selected by the Centre for Nashik through a tender process. This private company will procure, operate, and maintain the electric buses for the municipal corporation. Presently, NMC operates a city bus service through its transport wing ? Nashik Mahanagar Parivahan Mahamandal Ltd (NMPML).

The approval of Rs 130.5 milllion by the Centre for the Nashik Municipal Corporation (NMC) to establish infrastructure for the city's e-bus project has been confirmed. It was mentioned that Rs 600 million has been allocated for the construction of an e-bus depot, while Rs 700.5 million has been earmarked for power supply and a power sub-station for the depot. This allocation of funds took place in March, prior to the enforcement of the model code of conduct. A senior official from the NMC stated that the Centre has sanctioned 50 e-buses for the NMC as part of the PM e-bus Seva scheme. Additionally, Rs 130.5 million has been approved by the Centre for infrastructure development related to the e-bus project. These approvals were granted by the Centre before the enforcement of the code of conduct for the Lok Sabha polls. The government has informed the NMC officials to expedite the completion of the electric bus depot along with the power supply. It is anticipated that the NMC will receive the 50 e-buses from the Centre by April 2025. Under the PM e-bus Seva scheme, the procurement of buses will be facilitated through private companies, which will also be responsible for their operation, maintenance, and management for a duration of 12 years. Payment to these agencies will be based on a per km basis. For a period of 12 years, the Centre will offer a grant of Rs 24 per km to the civic body, with the remaining amount to be covered by the local civic body. NMC officials informed that a firm from Haryana has been selected by the Centre for Nashik through a tender process. This private company will procure, operate, and maintain the electric buses for the municipal corporation. Presently, NMC operates a city bus service through its transport wing ? Nashik Mahanagar Parivahan Mahamandal Ltd (NMPML).

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?